BBC News provides trusted World and UK news as well as local and regional perspectives. Built-in 2013, Lavasa Lake Palace provides its guests with the latest amenities like Wi-Fi, hot tubs, and equipped kitchen with microwave and fridge, a washing machine, vegetarian breakfast. Latest News Today: Get all the latest news, breaking news in India, news headlines for Business, Money, Technology, Politics, India, World and more on mint. Mauritius-based Royale Partners Investment Fund (RPMG Investment) and few Maharashtrabased builders had submitted an expression of interests (EoI) to acquire the debt-laden Lavasa Corporation, but they did not submit their bids, sources said. Explore ashok lavasa profile at The Hans India for photos, videos and latest news of ashok lavasa. Lavasa Corporation: Get Lavasa Corporation Latest News, Videos and Photos also find Breaking news, updates, information on Lavasa Corporation. “HCC has written off its entire investment of ₹1,046 cr in Lavasa Corporation as a matter of prudence pursuant to the admission of its 68.7 per cent-owned subsidiary into NCLT under IBC. We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Lavasa Corporation: Read Lavasa Corporation Latest News also find Videos, Photos and information about Lavasa Corporation from ZeeBiz.COM. ETRealty.com brings latest lavasa news, views and updates from all top sources for the Indian Real Estate industry. New Delhi: The Devendra Fadnavis-led government in Maharashtra has withdrawn the Special Planning Authority (SPA) granted to Lavasa Corporation, the entity constructing India’s first private city, located near Pune. Of this, Rs 1,646 crore would be repaid to banks and financial institutions who have claims of Rs 5,559 crore. The SPA was granted nine years ago by the previous government to the Lavasa Corporation, the real … The company reported net income of Rs 2472.78 crore in the said quarter, a growth of 6 per cent from Rs 2327.84 crore it recorded in the similar quarter last year. The scheme will be completely online through newly-developed AWAAS software of the Delhi Development Authority (DDA) from processing of application to possession of flats, a senior official said. Avantha Group has 17.18 per cent stake, while Venkateshwara Hatcheries has … Uttar Pradesh government clears tenancy law to reduce owner-renter row, Sebi asks how Oaktree made credit rating claims of future debt instrument in DHFL case, About 50% cases of realty companies undergoing IBC resoution closed in 2020, Oaktree Capital invests Rs 425 crore in Hubtown-Rising Straits' Prabhadevi project, Dixon's Sunil Vachani buys a bungalow in Lutyens' Delhi for Rs 170 crore, Maharashtra cabinet approves 50% reduction in premium for real estate projects, MahaRERA orders Nirmal Lifestyle to pay 9% interest since 2006 for delayed flat, Asian Paints' Hasit Dani buys Rs 95-crore duplex on Carmichael Road, SC asks banks to finalise proposals to finance unfinished Amrapali projects, Ambuja Neotia, Satyaa Homes to jointly develop 72-acre township in Kolkata, Greater Noida authority to ask builders to open escrow accounts, Pune's builder ties up with US-based InterUPS to bid for Lavasa project, Committee of Creditors to mull, finalize Lavasa takeover bids on Monday, Final bids for Lavasa Corporation scheduled on November 20, CPGRAMS directs Maharashtra government to address Lavasa residents' grievances, Lavasa Corporation's employees stranded, remain unpaid for months, Bankruptcy board set to tackle group insolvency, Oberoi Realty & New York-based Interups submit EOI to revive Lavasa, HCC lenders initiate Rs 2,100 crore debt-asset carve-out, Lavasa residents seek help from housing ministry, Haldiram-led consortium offers Rs 2,125 crore bid for Lavasa Corporation, HCC reports net loss of Rs 17.44 crore in Q1 FY20, With no serious contenders, Lavasa extends deadline to bid, HCC reports Rs 428.8 crore loss in Q4 FY19, Shailesh Sawa to be Group CFO of HCC; consultant appointed as interim CEO of Lavasa, MahaRera orders Lavasa to refund buyers’ money, Realtors can't use force majeure clause for lack of approvals, financial woes: MahaRERA, Lavasa investors’ money stuck till NCLT final order, Pune development body to ensure Lavasa master plan is as per hill station policy, Lavasa investors worried as promoter faces insolvency, Realty industry seeks Maharashtra like premium deduction in other states, How much money you will save after 50% cut in premiums in Maharashtra, Office leasing dips 53% in 2020 in Hyderabad: Report, Office leasing dips 19% while home sales down 51% in Bengaluru in 2020, NCR has about six years of unsold residential inventory, Home sales in eight cities dips 19% year-on-year in H2 2020: Report, Eight Indian cities record leasing of 22.2 million sq ft in H2 2020: Report, Savvy Infrastructure to invest Rs 700 crore to develop 10 lakh sq ft in GIFT City, UltraTech Cement raises Rs 1,000 crore via NCDs, D-Mart's Radhakishan Damani to acquire 8-acre Thane plot from Mondelez, DDA approves new housing scheme in 2021 with nearly 1,200 flats, Audit deadline relaxed for cooperative housing societies in Maharashtra, Hemisphere Properties' real estate to be monetised for Rs 19,000 crore, Saha Infratech directors held for duping 20 crore from buyers in Noida, Financial impetus and regulatory reforms can help grow building materials sector. Last year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had expressed interest in bidding for the hill city. Lavasa Corporation has two other subsidiaries — Warasgaon Power Supply and Dasve Retail. Uttar Pradesh government clears tenancy law to reduce owner-renter row21 hrs ago, Sebi asks how Oaktree made credit rating claims of future debt instrument in DHFL case21 hrs ago. Please review and accept these changes below to continue using the website.You can see our privacy policy & our cookie policy. We have updated our terms and conditions and privacy policy Uttar Pradesh government clears tenancy law to reduce owner-renter row, Sebi asks how Oaktree made credit rating claims of future debt instrument in DHFL case, About 50% cases of realty companies undergoing IBC resoution closed in 2020, Oaktree Capital invests Rs 425 crore in Hubtown-Rising Straits' Prabhadevi project, Dixon's Sunil Vachani buys a bungalow in Lutyens' Delhi for Rs 170 crore, Maharashtra cabinet approves 50% reduction in premium for real estate projects, MahaRERA orders Nirmal Lifestyle to pay 9% interest since 2006 for delayed flat, Asian Paints' Hasit Dani buys Rs 95-crore duplex on Carmichael Road, SC asks banks to finalise proposals to finance unfinished Amrapali projects, Ambuja Neotia, Satyaa Homes to jointly develop 72-acre township in Kolkata, Greater Noida authority to ask builders to open escrow accounts, Bankers to make last-ditch attempt to get more cash from Lavasa's bidders, Committee of Creditors to mull, finalize Lavasa takeover bids on Monday, Final bids for Lavasa Corporation scheduled on November 20, Lavasa Corporation's employees stranded, remain unpaid for months, NCLT allows consolidation of Lavasa Corporation's subsidiaries for faster resolution, Lavasa lenders to take call on Haldiram’s bid on November 14, Lavasa residents seek help from housing ministry, Haldiram-led consortium offers Rs 2,125 crore bid for Lavasa Corporation, HCC reports net loss of Rs 17.44 crore in Q1 FY20, With no serious contenders, Lavasa extends deadline to bid, Long term leases covered by RERA: Bombay HC, Pune development body asks Lavasa to modify master plan, HCC shares crash over 25%, m-cap falls by Rs 589 crore, HCC net profit up 30% at Rs 78 crore in FY18, Lavasa project row: ‘Flat buyers’ slam MahaRERA for terming them lessees, PMRDA to submit report on Lavasa by next week, HCC Q2 net profit nosedives 50% to Rs 12 crore, Homebuyer files case against Lavasa Corporation with MahaRERA, Maharashtra govt revokes Lavasa Corporation’s special planning authority status, Lavasa Corporation delays interest payment on debentures, Realty industry seeks Maharashtra like premium deduction in other states, How much money you will save after 50% cut in premiums in Maharashtra, Office leasing dips 53% in 2020 in Hyderabad: Report, Office leasing dips 19% while home sales down 51% in Bengaluru in 2020, NCR has about six years of unsold residential inventory, Home sales in eight cities dips 19% year-on-year in H2 2020: Report, Eight Indian cities record leasing of 22.2 million sq ft in H2 2020: Report, Savvy Infrastructure to invest Rs 700 crore to develop 10 lakh sq ft in GIFT City, UltraTech Cement raises Rs 1,000 crore via NCDs, D-Mart's Radhakishan Damani to acquire 8-acre Thane plot from Mondelez, DDA approves new housing scheme in 2021 with nearly 1,200 flats, Audit deadline relaxed for cooperative housing societies in Maharashtra, Hemisphere Properties' real estate to be monetised for Rs 19,000 crore, Saha Infratech directors held for duping 20 crore from buyers in Noida, Financial impetus and regulatory reforms can help grow building materials sector. 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